Proactive Investors - Run By Investors For Investors

Rockfire Resources kicks off next phase of Double Event drilling

"Rockfire is an active and aggressive explorer and we are pleased to have the drill rods turning again at our Double Event Prospect, which is part of the Lighthouse tenement.”
gold
Positive gold grades have been unearthed at Double Event

Rockfire Resources PLC (LON:ROCK) told investors that it has kicked-off reverse circulation drilling in the western portion of the Double Event Prospect in Queensland, Australia.

The drill programme is expected to run for around ten days, the company said.

READ: Rockfire Resources sees gold in 93% of drill holes at Double Event

"Rockfire is an active and aggressive explorer and we are pleased to have the drill rods turning again at our Double Event Prospect, which is part of the Lighthouse tenement,” said David Price, Rockfire chief executive.

“Double Event represents a 3km-long quartz vein-hosted mineralising system, which outcrops at surface and has multiple old gold workings along its length."

Price noted previous drill results from the eastern part of the project, earlier this year, which showed high grades mostly within the top 25m from the surface.

"The current drill program will test the western extremity of the 3km trend, where historical rock samples returned peak assays of 61 g/t Au, 40 g/t Au and 18.3 g/t Au,” he added.

“This section of the system also hosts more than 20 historical, shallow gold workings from the late 1800's.

“This round of drilling will again test near-surface gold potential with approximately 12 holes ranging from 40m to 80m deep.”

 The market will be updated at the conclusion of this drilling phase, which is expected to be approximately 10 days of drilling."

View full ROCK profile View Profile

Rockfire Resources PLC Timeline

Related Articles

Gold mine
November 19 2018
Gold had been intersected in all but one hole over a 12 hole drilling programme, with highlights including 25.9 g/t of Gold at 1-metre depth and 10.04 g/t of Gold at 3m depth
miners
February 06 2018
Coro Mining is on the move in Chile, with feasibility work nearing completion and new ground to work on
1544730554_tsodilo-plant.jpg
December 13 2018
Tsodilo holds diamond and metal licenses in Botswana and South Africa

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use